The Guwahati National Company Law Tribunal (NCLT) has held that a dispute over the invocation and appropriation of pledged securities cannot defeat an insolvency petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, once the existence of financial debt and default is established. A Bench of Judicial Member Rammurti Kushawaha and Technical Member…
UK hauliers are going bust faster. But Europe’s got it worse Trans.INFO Read the original article here
UK hauliers are going bust faster. But Europe’s got it worse Trans.INFO Read the original article here
Swedish lighting company Heliospectra AB, which was founded in 2006, has been officially declared bankrupt by the Gothenburg District Court after filings were submitted on 27 July. Heliospectra’s Board of Directors are understood to have filed for bankruptcy after the company was unable to secure a financing solution within the available timeframe. As a result,…
Azets explains July corporate insolvency figures – Marketing Stockport We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkRead more Read the original article…
This was down 6.1% from 1,706 for the first half of 2025, according to Government data however, the second quarter saw a 10.2% rise compared to the first, with 840 companies in trouble, according to analysis from Buchler Phillips’ Hospitality Index. Furthermore, this meant the number of monthly hospitality insolvencies has remained consistently more than…
Latest figures from the Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland fell in July 2026. The data showed that there were 83 business insolvencies registered in Scotland, 28% lower than the number in July 2025. The total number of business insolvencies comprised 46 CVLs, 31 compulsory liquidations and six administrations. There…
Latest data from the Insolvency Service has shown that business and personal insolvencies in Northern Ireland increased in July 2026. The data showed that there were 169 personal insolvencies in Northern Ireland. This was 10% higher than in July 2025. The insolvencies comprised of 137 IVAs, 15 bankruptcies and 17 DROs. There were 16 business insolvencies,…
Exclusive: Marjorie Taylor Greene Warns Social Security Will Go ‘Bankrupt’—But Wall Street CIO Backs Scot Benzinga Read the original article here
The Bucharest Tribunal on Tuesday, August 18, rejected public transport operator STB’s request to enter insolvency proceedings because the company did not submit all the documents required by law. Mayor Ciprian Ciucu called the decision “unexpected” and said he hoped the company would appeal. The case was registered last Thursday and resolved at its first…